It’s that time of the year again—tax season is here, and Retirement Plan Advisors (RPA) are ready with their comprehensive 2024 Tax Guide. Whether you’re a seasoned taxpayer or new to the process, this guide is your go-to resource for navigating deductions, credits, and updates for the current tax year. From clarifying essential taxation aspects to providing stress-free assistance, let this guide be your trusted companion through the tax preparation journey. With its detailed insights and user-friendly format, you’ll feel free to take on your taxes confidently.

The 2024 Tax Guide

The tax guide offers a comprehensive exploration of various tax-related topics, providing in-depth details on deductions for state and local taxes, crucial insights into the child tax credit, and guidelines on potential deductions for qualifying mortgage interest, all within specified limits. Furthermore, it delves into the intricate realm of the kiddie tax, ensuring you are well informed on all relevant aspects of taxation for the year ahead.

Key Tax Dates

It’s crucial to file your taxes promptly to avoid penalties. Compliance with these deadlines is essential to avoid any negative consequences and ensure adherence to tax regulations. Fiscal year filers should submit their returns and payments by the 15th day of the first month after each quarter.

For calendar year filers, returns and payments are due on the following dates of the current year:

  •  April 15th
  •  July 15th
  •  October 15th
  • January 15th

Download and use it as your main guide for filing taxes this year.

Contact

If you have any questions or comments about this retirement planning article or the Retirement Plan Advisors, please contact Matthew Martin, CFP, Certified Financial Planner:

Phone: (248) 767-3828

Email: mmartin@retirementplanadvisors.com

Read previous Retirement Plan Advisors posts on POAM’s website.

Some information in this post was sourced from Michigan’s Government website. For additional information, please visit their website.

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